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471-479 Briargate Dr
South Elgin, IL 60177 Fox River Valley

$2,012,582 USD

Freestanding For Sale  •  7,010 SF

Property Details

• Property Type Freestanding
• Total Building Size 5,500 SF
• Lot Size 1.01 AC
• Building Class B
• Year Built 2005
• Cap Rate 7.00 %
• Tenancy Multiple
• Zoning COM

30 Transit Score

50 Walk Score

Highlights

Stable Investment – There are just under 10 years remaining on the NNN lease featuring built-in annual rent bumps of 2% annually

Prime Location – 477 Briargate Drive is strategically located in South Elgin, Illinois within the Chicago MSA, offering strong visibility

Scheduled Rental Increases | Built-In Inflation Protection – The lease includes annual rent escalations of 2%, ensuring steady growth in cash flow

Healthcare Real Estate | Recession Resistant Property – Veterinary hospitals are extremely sought-after investments

National Platform Operator – Mission Pet Health is one of the largest and most established veterinary platforms in the industry

Tenant Investment in Location – Pet hospitals rarely relocate due to the difficulty of retaining the same patients in a new location

Cap Rate:

7.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Animal Care Clinic South Elgin
Thornwood Neurology

Amenities

• 24 Hour Access
• Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
National Street Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra))	14 min	-	6.4 mi
Elgin Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra))	14 min	-	6.6 mi
Airport	Drive	Walk	Distance
Chicago O'Hare International	63 min	-	27.6 mi
Chicago Midway International	74 min	-	40.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	42
Type:	Surface
Included in Rent:	Yes